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 01-Feb-18, Live Mint

At one of the largest tech conferences in Israel’s history, about 10,000 investors roamed start-up booths, learned how artificial intelligence can help treat neuro-disorders and visited a doctor’s office of the future.

MedTech opportunity pushes Israel China romance (c) Bloomberg

Image: Bloomberg

Almost one in five visitors to the Feb-18 summit hosted by OurCrowd - the Jerusalem-based crowdfunding investment platform - hailed from Asia, where China spends more than USD100 bn a year on prescription medicines.

As the government pushes for more innovation in healthcare, Chinese investors - already prolific supporters of US biotech and medical-device firms - are turning to Israel, where company valuations are lower and entrepreneurs are hungry for new markets.

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 Healthcare insights 

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